Markets are showing renewed strength on higher volume.....
Indices closed near high of the day.....
Stars are aligned with many sectors participating in this rally..including financials.....
Friday should be very "interesting" S&P 500 very close to 1010......once it crosses over expect "firework".......
AH Futures are RED...
AH Nikkei is Down .63%
Once Shanghai opens then it will give cue to all open markets.....
OE is here...should make Friday very very "interesting"
On a personal note...extremely gratified that today was my "best 09 gain for single day by far"
BLOG does NOT give buy or sell.
Saleem
8 comments:
Saleem
I think that you are the star--a fabulous return in one day is nothing to be sneezed at.
GREAT
MY GS is up some and the market over all is on fire--who new!
My GE is getting called away I sold ther $13--oh boy! it is a crap shoot on options.
CITI bank is on fire J the Cramer gave one compelling speech to buy it.. Awesome now it flying he claims $22 is around the corner.
Hi Madmax,
Thanks for your compliment....it is humbling to have a day like yesterday.....
Today SOL is giving up its gain alongwith solar sector downgrade.
YES...C,FNM are all working their way UP.....
GE...you should wait for minor pullback to buy after OE.....
Saleem
Hi All,
All my calls will expire worthless except maybe GE, I have call at 14. GE will make a pullback, most likely next week. Think 12's!
Today's investor report says caution is due, Euphoria setting in. Correction looms ahead. Sep. bad month for stocks historically. I agree, this rally may continue a bit longer but its getting euphoric.
What's up with SOL?
Best Regards
Hi Standards,
Euphoria is good until it turns....nobody knows how high we will go on this breakout.....
Expecting SOL to go GREEN..it was a healthy pullback & daytraders bailed out .....
I am planning to get in GE "if price is RIGHT"
Saleem
Hi All,
BDI sinking -66 2468
Wait on GE it has a pattern of pull backs every month near OE.
Best Regards
Hi Standards,
Thanks for BDI info...
Saleem
Hi Saleem,
Do you still follow up on GNK? Is it now the time to get in or we need to wait till it is stabilized? Thanks.
Michael
Hi Michael,
Nice to hear from you again.
GNK IS in buy zone.....$21 to $24 is current trading range...
Good luck in your decision.
Saleem
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